Fresh Off Uber Tie-Up, Didi Backs Southeast Asia Ally

Updated on
  • Didi is teaming up with Softbank to shore up Grab’s finances
  • Uber also sees Southeast Asia as a key ride-sharing market

SoftBank, Didi Back Grab in $600M Funding

China’s Didi Chuxing and SoftBank Group Corp. are backing a new round of funding in the Southeast Asian ride-sharing service Grab -- putting even more pressure on Uber Technologies Inc.

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